Global Partners LP will purchase 97 Mobil- and Exxon-branded retail gas stations and seven dealer supply contracts for about $156 million. The stations are in New York and Maryland/Washington D.C.
A French satellite systems operator, Collecte Localisation Satellites SA, bought U.S. Gulf of Mexico-focused Horizon Marine Inc. Horizon provides metocean forecasting services. No transaction details were provided in a press release.
Halliburton Co. will separately sell its fixed cutter and roller cone drillbits, directional drilling and LWD/measurement while drilling businesses. It is currently working to acquire Baker Hughes Inc.
Houston-based Oceaneering will absorb 550 C&C personnel.
In February, Schlumberger said it planned buying a 45.65% stake in Eurasia for about $1.7 billion, potentially becoming sole owner of Russia's most active oilfield services company, Reuters said.
Special meetings determined the shareholders’ votes. The merger of Halliburton and Baker Hughes is scheduled to close in the second half of 2015, subject to regulatory approvals.
Chemical injection systems seller Galenfeha acquired chemical injection pump systems maker Daylight Pumps. The North American chemical injection market share is about $1 billion annually.
C&J Energy Services Ltd. is led by current C&J management and will be based out of Bermuda. The transaction was originally announced June 25, 2014.
Superior is interested in assets Baker Hughes Inc. and Halliburton Co. must sell during their merger, Bloomberg said. Superior, seeking international exposure, will become the fourth-largest oilfield services company.
Several batches of overlapping business lines will be unloaded to win U.S. Justice Department approval for their $34.6 billion combination, according to people with knowledge of the matter, Bloomberg said.
The subsea umbilical, riser and flowline systems (SURF) and subsea production and processing systems (SPS) will be integrated, reducing total ownership cost and increasing reliability and uptime.
Inspection Oilfield Services made about $120 million in sales in 2014, and L.B. Foster said the acquisition will be accretive to earnings in 2015.
|E&P||USD 300||Members only||Paloma Partners III LLC|
|E&P||CAD 321||Members only||Penn West Petroleum Ltd.|
|Mid||USD 102.3||Members only||Exterran Holdings Inc.|
|E&P||CAD 172||Members only||Undisclosed|